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Company Registration No. 05335545 (England and Wales)
Proficient Management Consulting and Training (PMCT) Limited Unaudited accounts for the year ended 31 January 2025
Proficient Management Consulting and Training (PMCT) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Proficient Management Consulting and Training (PMCT) Limited Company Information for the year ended 31 January 2025
Director
VINCENT SANTENG
Company Number
05335545 (England and Wales)
Registered Office
Unit 322B, Ability House 121 Brooker Road Waltham Abbey Essex EN9 1JH United Kingdom
Accountants
PMCT Accountants & Consultants Suite 322B, Ability House 121 Brooker Road Waltham Abbey Essex EN9 1JH
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Proficient Management Consulting and Training (PMCT) Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,308 
17,449 
Current assets
Debtors
5
14,695 
8,806 
Cash at bank and in hand
86,998 
143,790 
101,693 
152,596 
Creditors: amounts falling due within one year
6
(132,173)
(178,890)
Net current liabilities
(30,480)
(26,294)
Total assets less current liabilities
(16,172)
(8,845)
Creditors: amounts falling due after more than one year
7
(109,333)
(17,333)
Net liabilities
(125,505)
(26,178)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(135,505)
(36,178)
Shareholders' funds
(125,505)
(26,178)
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 October 2025 and were signed on its behalf by
VINCENT SANTENG Director Company Registration No. 05335545
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Proficient Management Consulting and Training (PMCT) Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Proficient Management Consulting and Training (PMCT) Limited is a private company, limited by shares, registered in England and Wales, registration number 05335545. The registered office is Unit 322B, Ability House, 121 Brooker Road, Waltham Abbey, Essex, EN9 1JH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
19%
Directors Loan and Off Balance Sheet Arrangements
Directors Loan Long-term creditors amounts are long-term loans from Directors purposefully provided for continued diversification for online outsource services such as Outsource Bookkeeping, Outsource Payroll, Online Training Business Training and Remote Consultancy. Projected net operational income would be £45,000.00 per year from February 2022. We also have significant interest in developing Online Accountancy Solution with more than £20,000.00 investment by our Directors as loans to PMCT Limited. Our Online Accountancy software Solution (Absolute Accountancy) would have payback period of 2 years and minimum net operational income of £25,000.00 per year from 3 years onwards. Off balance sheet arrangements PMCT Limited trading name is PMCT Accountants and Consultants. Our general principle is to write-off any debt outstanding for over 24 months and such debts are never written-off against Performance Statement as Bad Debt but written-off against Reserve (Shareholders Funds). Any recovered previously written-off debt is reinstated as part of distributable Shareholders Funds without affecting or distorting previously reported Performance Statement.
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Proficient Management Consulting and Training (PMCT) Limited Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
22,934 
19,620 
42,554 
At 31 January 2025
22,934 
19,620 
42,554 
Depreciation
At 1 February 2024
7,599 
17,506 
25,105 
Charge for the year
2,760 
381 
3,141 
At 31 January 2025
10,359 
17,887 
28,246 
Net book value
At 31 January 2025
12,575 
1,733 
14,308 
At 31 January 2024
15,335 
2,114 
17,449 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,695 
8,806 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
Trade creditors
72,331 
135,413 
Taxes and social security
1,441 
2,271 
Loans from directors
50,401 
33,206 
132,173 
178,890 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
9,333 
17,333 
Loans from directors
100,000 
- 
109,333 
17,333 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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